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Trading strategy for October 1, 1999

Sensex: The level of 4793 is a trend decider, on upperside it can flare up to 4818 or up to 4862 level.On downside it can slide to 4750 level, and there after it can slide up to 4724 level.

Nifty: The level of 1417 is a trend decider, on upper side it can flare up to 1425 or up to 1439 level. On downside it can slide to 1403 level & there after it can slide up to 1395 level.

RIL: The level of 241 is a trend decider,on upper side it can flare up to 245 level. On downside it can slide to 232 or upto 228 level.

SBI: The level of 218,on upper side it can flare up to 223 or up to 228 level. On downside it can slide to 213 level.

NIIT: The level of 2828 is a trend decider,on upper side it can flare up to 2877 or up to 2926 level. On downside it can slide to 2776 or to 2725 level. Buy!

Satyam: The level of 1109 is a trend decider, on upper side it can flare up to 1145 or up to 1170 level. On downside it can slide to 1085 level.

Escorts: The level of 237 is a trend decider, on upper side it can flare up to 245 level. On downside it can slide to 222 and there after it will fall freely.

Fulfod: The level of 473 is a trend decider, on upper side it can flare up to 486 or up to 505 level. On downside it can fall to 454 level.

Gramaphone: Buy with stoploss of 507, on upperside it can flare up to 532 or up to 544 level.

ZEE Tele: The level of 4460 & 4590 is a trend decider, on down side it can go down to 4330 or to 4190 level.

Ranbaxy: The level of 1082 is a trend decider, on down side it can fall to 1059 or to 1045 level.

Silverline: The level of 371 is a trend decider, on upper side it can flare up to 377 or up to 385 level. On downside it can fall to 363 or to 357 level.

Global Tele: The level of 561 is a trend decider, on down side it can slide to 543 or to 534 level. On upperside it can flare up to 570 or upto 588 level.

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